ULTRAMARINE AND PIGMENTS LTD Technical and fundamentals are good ✨ Volatility contraction pattern in daily ✨ volume contraction in weekly Target: 770 Current rate: 333.33
three contracting bases 1st 19% 2nd 13% 3rd 8% contraction
Good daily close today, VCP type structure breakout + Descending channel breakout + Volume surge + above 50 MA
1. price breakout with volume wait for delivery data eod. 2. consolidation on falling volumes. 3. volatility contraction 4. RS ATH breakout 5. upside potential of 40 points
NSE:CNXAUTO - Overview on all timeframes - MTF, WTF, DTF DTF its trading within ascending triangle. Expect price to consolidate WTF its taking long term support and might make double bottom as long s 12675 is held on weekly closing basis. Also showing signs of flag pattern formation but that will be only confirmed if 12675 is held. If thats broken, bullish...
It does look like a Volatility contraction pattern (Mark Minerveni's popular pattern) to me. Does it look the same to you? I may be wrong. Hence your comments and suggestions are welcome. Thanks Rohit
The stock is showing strength even when the smallcap index is going down. Recent volume also suggests that institutional buying is going on. Can take a position with -7% stoploss if the stock goes above Rs. 47.4.
Here I show why I bought some #ROSSELLIND. The stock has been in an uptrend with heavy volumes supporting it. The stock was taking a breather before continuing it's ascent. I found a low risk point to get the entry and the stock immediately shot up. #ROSSELLIND #MARKMINERVINI #LOWRISK #VOLATILITYCONTRACTION #VCP #INDIA #
India Bulls Housing Finance has suffered a rapid fall and now price has been trading in a range. With upper range at 300 and lower range at 85-90 levels. A Sharp volatility contraction is happening in the stock which can break on the upside. Check the video for more details , risk reward for this trade is 1:4. Cheers, priceNpedia
Godfrey Phillips has given a textbook VCP breakout. Volume reducing and price contracting higher. Big Breakout on Monthly Charts. Long term position, trail Stop Loss accordingly.
Ambuja Cements - Clear VCP Pattern at Play Break on upside abv 525 will take the journey till 585 Break on downside below will take the journey till 480 Sl of each other for both the sides Risk reward 1:1 downside or 1:4 upside
CMP: 220 - Earnings gap on 18 July, never looked back - Broke out above 200 EMA - Trading sideways above 21 EMA since then
s3.tradingview.com 1) Strong stage 2 uptrend on weekly tf 2) within base, strong institutional demand with wide range candle on heavy volumes 3) three contractions with volumes decreasing subsequently, price action getting tighter, indicating supply has reduced 4) no wide range bearish candles with volume on downside when stock was correcting, instead candles...
VCP pattern formation one of the strongest and most accurate patterns
Consistent profit and disinvestment will hit bhel to the 120!
IDFC chart analysis for swing trade (15 min) Entry & exits are given on chart. only for learning, trade at your own risk.
📈consolidation on predefined horizontal boundaries & very strong chart even index was on sell mode. 💡Holding the trade before BO with gud setup always give u comfort. mega-breakout on the way